City Express by Marriott Conversion Opportunity

Ohio, United States

$6000000

Sale conditions: Market

Snapshot

Active

Type: Hotel
Corridor: Interior
No. of Keys: 68
Site Size: 2.95 AC

• City Express by Marriott conversion opportunity: Marriott has identified the Property as a candidate for conversion to City Express by Marriott, providing a potential pathway toward improved market penetration, ADR growth, and occupancy gains.
• Recently renovated: Ownership has invested substantially in the Property in recent years, reducing near-term capital requirements and allowing a new owner to focus on operational performance and repositioning efforts.
• Below-market performance: Despite recent renovations and a strategic location, current operating performance remains below levels achieved by comparable hotels within the market, creating a clear opportunity for revenue
growth.
• Positioned within a major development corridor: Eastern Franklin County and neighboring Licking County continue attracting significant investment in technology infrastructure, industrial development, logistics, manufacturing, and related support services.
• Strategic I-70 location: The Property benefits from direct Interstate 70 access, providing convenient connectivity to downtown Columbus, John Glenn International Airport, major logistics hubs, and regional employment centers. The Property is positioned to benefit from demand generated by construction crews, contractors, consultants,
logistics operators, technology vendors, corporate travelers, and other project-based personnel.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Corridor: Interior
Keys: 68
No. of buildings: 1
Stories: 3
Site size: 2.95 AC
Parking Type: Surface
Construction Type: Wood Frame
Year Build: 2001
Year Renovated: 2023
Room Inventory Description:

Address: 1899 Winderly Lane, Pickerington, OH 43147
Room Count: 68 units
Year Built: 2001
Buildings :1 building
Stories: 3 stories
Corridors: Interior
Parcel Size: 2.95 acres
Amenities: Indoor pool, fitness center, event
space
Construction: Wood frame
Roof: Pitched, shingled

Common area amenities:

Other

Breakfast Area

Indoor Pool

Source of Business:

Group

Transient

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Ohio
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

3rd Party Website



Brokers

Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966
edsouza@laurelsales.com


Lauren D'Souza-Faze

Vice President
Laurel Real Estate Company

FL #BK3636431
OH #SAL.2022006112

380 799 6608
lauren.dsouza@laurelsales.com


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